In recent days SAMMAAN CAPITAL has been making higher lows from June 2024 - Which is creating a support for this script.
On Sep 2nd 2024 - It has made a bullish hammer on the support - Bullish hammer on the support is a strong sign of reversal from this point.
Its first target is around 180, where the same script has been making a good resistance from march 2024. Having said that, if it breaks the resistance - the next target can be horizontal resistance high of 210 - Which has been resisting since Dec 2023 and Feb 2024.
The final resistance break would be the falling trend line resistance break on weekly Time frame and the targets could be around 325. Which is 100% profit from this region.
The StopLoss is the recent swing low on Daily time frame at 150.
On Sep 2nd 2024 - It has made a bullish hammer on the support - Bullish hammer on the support is a strong sign of reversal from this point.
Its first target is around 180, where the same script has been making a good resistance from march 2024. Having said that, if it breaks the resistance - the next target can be horizontal resistance high of 210 - Which has been resisting since Dec 2023 and Feb 2024.
The final resistance break would be the falling trend line resistance break on weekly Time frame and the targets could be around 325. Which is 100% profit from this region.
The StopLoss is the recent swing low on Daily time frame at 150.
交易進行
Moving sideways - SL still intact
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